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Download Oracle Financials Cloud: General Ledger 2022 Implementation Professional Exam Dumps

NEW QUESTION 31
You want to automatically post journal batches imported form subledger sources to prevent accidental edits or deletions of the subledger sources journals, which could cause an out-of-balance situation between your subledgers and general ledger. Which two aspects should you consider when defining your AutoPost Criteria? (Choose two.)

  • A. Create your AutoPost criteria using minimal sources and categories
  • B. Include all of your subledger sources in the AutoPost CriteriA. Divide up criteria sets by subledger source only if you need to schedule different posting times
  • C. Schedule your AutoPost Criteria set to run during off-peak hours only
  • D. Use the All option for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process

Answer: B,D

 

NEW QUESTION 32
While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created. Which two options explain that? (Choose two.)

  • A. The Account Rule is defined with a different chart of accounts form the Journal Entry Rule Set
  • B. The Account Rule's chart of accounts has no account values assigned
  • C. The Account Rule's conditions are not defined
  • D. The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set

Answer: A,D

 

NEW QUESTION 33
You have enabled budgetary control and have a control budget set to Advisory control level. For September 2016, your budget for a given account combination is $5,000 USD. In the same month, there is an approved requisition for that account of $900 and an approved purchase order for that account of $2,500 USD. There is also a General Ledger adjustment journal entry for that account of $1,600 USD. An approved purchase order line of $400 USD is then cancelled. And an invoice is matched to the purchase order for $2,100 USD. Which two statements are true? (Choose two.)

  • A. Purchase order encumbrance will be released for $2,100 USD
  • B. No change
  • C. The system always consumes budget of future periods if the limit for the current period is expired, so October 2016 budget will be considered for reservation
  • D. Funds reservation only happens for non-matched invoices, so the system will not reserve funds
  • E. As there are cancellations for $400 USD, the system will partially reserve the funds in September 2016 and fully reserve it in October 2016

Answer: A,E

 

NEW QUESTION 34
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